London Array

DONG Energy, Masdar and E.ON have been given the go-ahead to build the world’s largest offshore wind farm, the London Array, in the Thames Estuary.

The partners have each agreed to invest a total of €2.2bn (£2bn) to build the first 630MW phase of the project. Once complete, the London Array will be the world’s first 1GW offshore wind farm and is expected to supply enough electricity to power around 750,000 homes.

Anders Eldrup, chief executive of DONG Energy, said: ‘Following the 2 Renewables Obligation Certificate (ROC) announcement, and our subsequent decision to build the Walney projects, I’m thrilled that we also have the final investment decision on the London Array project. The decision to build the London Array offshore wind farm is a very significant cornerstone in DONG Energy’s strategy to increase the proportion of electricity generated from renewable energy sources. DONG Energy has built approximately half of all offshore wind farms in operation in the world today.